Silvercorp Metals reported production and sales results for the third quarter ended Dec. 31, 2025, delivering record revenue of approximately $126.1 million, a 51% increase year over year. This financial milestone highlights the company's operational efficiency and the continued demand for precious and base metals in global markets. The achievement is particularly significant as it demonstrates Silvercorp's ability to scale production while managing costs effectively, providing a model for sustainable growth in the mining sector.
During the quarter, silver production totaled 1.9 million ounces and silver equivalent production reached 2.0 million ounces. The company also produced 16.4 million pounds of lead and 7.0 million pounds of zinc, showcasing its diversified output beyond silver. This production diversity helps mitigate risks associated with price volatility in any single commodity, offering more stable revenue streams. The company stockpiled 61,105 tonnes of ore at the Ying Mining District for processing during the Chinese New Year, demonstrating strategic planning to maintain operations during seasonal disruptions.
Exploration activities remained robust with more than 89,000 meters of drilling and over 22,000 meters of exploration tunneling across the Ying Mining District and GC Mine. This extensive exploration work is crucial for identifying new mineral resources and extending the life of existing mines, which directly impacts long-term shareholder value. Silvercorp also continued construction at the Kuanping mine, completing 3,297 meters of ramp development, indicating progress toward bringing additional production capacity online.
The company expects to release its unaudited Q3 Fiscal 2026 interim financial results on Monday, Feb. 9, 2026, after market close. Investors can access detailed information through the company's filings with regulatory authorities. For comprehensive financial disclosures and risk factors, refer to the company's most recent Annual Report on Form 10-K available through the SEC's EDGAR system at https://www.sec.gov/edgar/searchedgar/companysearch.html. Additional corporate information and disclaimers are available at http://IBN.fm/Disclaimer.
This performance matters because it reflects broader trends in the mining industry, where companies that balance production growth with exploration investment are best positioned for long-term success. The record revenue suggests strong market fundamentals for silver and associated metals, which have applications in electronics, renewable energy technologies, and industrial processes. For investors, these results indicate operational excellence and strategic execution, while for the industry, they demonstrate how disciplined mining operations can achieve profitability even amid global economic uncertainties.
The implications extend to global supply chains that depend on consistent metal supplies for manufacturing and technology development. As countries worldwide pursue energy transition goals, demand for silver in solar panels and other green technologies continues to grow, making Silvercorp's production increasingly relevant. The company's focus on responsible mining and ESG principles, mentioned in its corporate strategy, also addresses growing investor and consumer concerns about sustainable resource extraction.
